VANCOUVER, BC, Aug. 30,
2022 /CNW/ - LITE ACCESS TECHNOLOGIES INC.
(the "Company") (TSXV: LTE) (OTC: LTCCF), a world leader in
the fibre optic products and advanced installation methodologies,
along with Rigstar Industrial Telecom (Rigstar) is pleased to
announce that Rigstar has been awarded the fibre build contract
from the Saddle Lake Cree Nation located in the Onihcikiskwapowin
region of central Alberta.
Once completed the project will upgrade the existing internet
and extend cellular infrastructure to the Saddle Lake Cree First
Nation, which will improve the resilience of the broadband and
cellular connectivity throughout the community. The project
is funded under the Investing in Canada Infrastructure Program, Indigenous
Services Canada, and Saddle Lake Cree Nation.
"Saddle Lake Cree Nation would like to thank all parties
involved in seeing the broadband and cellular connectivity project
move forward and become a reality, improving future economic growth
for our Nation," announced Director of Public Works, Ken Large.
"We are honoured and excited about the opportunity to work
closely with the Saddle Lake Cree Nation and Urban Systems to
assist with their broadband and cellular initiatives. The
fibre infrastructure will increase access to high-speed internet
for the Nation, while paving the way for future economic growth,"
said Rigstar CEO/President Dan
Grisdale. "These investments play an important role to
help bridge the digital divide for rural communities."
Mike Plotnikoff, interim CEO of
Lite Access, said, "This is a significant project and underscores
part of our continued strategy and commitment to help provide
broadband connectivity to remote and rural communities. We
take great pride in working on the project and ensuring an
effective and efficient deployment of broadband infrastructure for
the Saddle Lake Cree Nation."
About Rigstar
Rigstar Communications Inc. which operates as Rigstar Industrial
Telecom (Rigstar), is a privately held entity that delivers full
life-cycle communication services to organizations with expansive
and remote network requirements across Canada and the USA. Rigstar has been designing, installing,
and supporting strategic pervasive communication platforms both
remotely and in urban environments for close to 25 years.
About Lite Access
Lite Access Technologies Inc. is a world leader in the use of
innovative and proven micro/narrow trenching technologies,
alternate methods of deployment and specialist products which
transform the cost the network deployment for telecommunications
operators.
As part of its suite of services Lite Access provides clients
with integrated solutions or select components for the design and
implementation of fibre optic networks. Lite Access' products
have been deployed in many high-profile communication networks
including Olympic facilities, military and government, numerous
communities throughout the United
Kingdom, the USA and
Canada as well as global
telecommunications companies that have adopted Lite Access as the
"solution of choice" for the least invasive, most cost effective
and future-proof fibre optic connectivity available.
Lite Access' installation technology and proprietary products
extend a network provider's ability to deliver true broadband
connectivity directly to end-users, such as homes, businesses,
government and educational institutions, and emergency response
facilities. Lite Access remains flexible and innovative in its
commitment to provide global clients and partners with the most
cost effective and proven fibre connectivity solutions
available.
Forward Looking
Information
This news release contains statements that, to the extent
they are not recitations of historical fact, may constitute
"forward-looking statements" within the meaning of applicable
Canadian securities laws. Lite Access uses words such as "may",
"would", "could", "will", "likely", "expect", "believe", "intend"
and similar expressions to identify forward-looking statements. Any
such forward-looking statements are based on assumptions and
analyses made by Lite Access in light of its experience and its
perception of historical trends, current conditions and expected
future developments. However, whether actual results and
developments will conform to Lite Access' expectations and
predictions is subject to any number of risks, assumptions and
uncertainties. Many factors could cause Lite Access' actual results
to differ materially from those expressed or implied by the
forward-looking statements contained in this news release. Such
factors include, among other things: risks and uncertainties
described in Lite Access's most recent Management Discussion &
Analysis (MD&A) for the financial year ended September 30, 2021 which can be accessed at
www.sedar.com. The "forward-looking statements" contained herein
speak only as of the date of this press release and, unless
required by applicable law, Lite Access undertakes no obligation to
publicly update or revise such information, whether as a result of
new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Lite Access Technologies Inc